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A few of the figures from an annual financial statement for a company are shown below. i ) Net Sales $ 2 4 0 ,

A few of the figures from an annual financial statement for a company are shown below.
i) Net Sales $240,231
ii) Average Shareholders Equity $416,750
iii) Net Income $125,800
iv) Depreciation $5,200
What is this company's return on equity ratio in percentage? (Round to the nearest second decimal and do not include the percentage sign)

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